Levi Strauss shareholders vote against proposal to end diversity programs

Reuters

Mon, Apr 28, 2025, 2:12 PM 1 min read

(Reuters) -Levi Strauss shareholders voted against a connection for the institution to extremity its diversity, equity and inclusion (DEI) efforts, it disclosed successful a filing connected Monday.

The connection comes amid U.S. President Donald Trump's propulsion to dismantle the signifier crossed the national authorities and backstage sector, pursuing an enforcement bid successful January.

Over the past year, large companies including Walmart, Target and Amazon.com person rolled backmost their DEI policies, aimed astatine women, taste minorities, LGBTQ+ radical and different traditionally underrepresented groups.

More than 99% of Levi Strauss' shareholders voted against the connection astatine the yearly gathering of shareholders held connected April 23, the filing said.

Similarly, successful January, much than 98% of Costco Wholesale shareholders voted against a connection requesting a study connected the risks of maintaining its diverseness and inclusion initiatives.

Levi Strauss had posted its quarterly nett up of estimates and had maintained its yearly income and nett forecast earlier this month.

(Reporting by Neil J Kanatt successful Bengaluru; Editing by Shailesh Kuber)